Is the lease execution date legally bound to commercial lease?

In Leasing Property - Asked by Jerome J. - Feb 23, 2016
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J. David F.
Broker/Agent
Brentwood, TN

Commercial leases typically have what we call "Commencement" dates. There may be a commencement date for the lease, and a separate commencement date for rents to start. Sometimes all dates start upon full execution of signatures. The lease terms dictate what starts and when. All must have a start and end date or the lease may be declared as invalid in a court of law.

Feb 25, 2016
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Chris R.
Broker/Agent
Denton, TX

The lease execution date is just to denote the date the lease was signed. There will be a reference to either that date - or other dates - in the lease for specific performance - ie: possession of the property, commencement of the rent, rent or deposit due, construction to be done, etc., etc., etc. so it COULD or could not be an instrumental date. Just a date where a meeting of the minds has relegated the terms of the lease to where both parties agree to those terms.

Mar 18, 2016
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